Blackrock Municipal 2030 Target Term Trust (BTT)
Blackrock Municipal 2030 Target Term Trust operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $22.61, up 0.13% on the session, giving a market capitalisation of $1.44B. On trailing twelve-month figures it carries a trailing P/E of 17.13, a net margin of 102.6%. Its beta of 0.46 implies it has historically moved less than the broad market.
Operating as a closed-end mutual fund, the Blackrock Municipal 2030 Target Term Trust concentrates its investments in fixed-income securities. This trust was originally established by BlackRock, Inc., and its portfolio is actively managed by BlackRock Advisors, LLC. A core component of its investment strategy involves acquiring high-quality municipal bonds that are exempt from standard federal income taxation. The trust, domiciled in the United States, was launched on August 30, 2012, and was formerly known as BlackRock Municipal Target Term Trust.
Blackrock Municipal 2030 Target Term Trust is most often compared with the following Financial Services names: